Submitted by CARPE DIEM
Wall Street Journal – Girls and boys have roughly the same average scores on state math tests, but boys more often excelled or failed, researchers reported. The fresh research adds to the debate about gender difference in aptitude for mathematics, including efforts to explain the relative scarcity of women among professors of […]

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Submitted by CARPE DIEM
A new study “Ascriptive Justice: The Prevalence, Distribution, and Consequences of Political Correctness in the Academy,” by Professor Solon Simmons at George Mason University, is reviewed in Inside Higher Ed (link).

The Inside Higher Ed article includes an interesting chart of “Political Correctness by Discipline,” based on faculty interviews, showing these results:

4 Most […]

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Submitted by CARPE DIEM

THE ECONOMIST — One of Hugo Chávez’s lesser-known feats since taking over as Venezuela’s leader in 1999 is to have presided over a tripling of the annual homicide rate—and that’s according to the official statistics. Last year more than 13,000 people were killed in a country of 27m, producing a murder rate […]

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Submitted by The Capital Spectator
There’s been a lot of talk lately about market failure, although some of it, perhaps a lot of it has been misleading.
The basic argument goes like this: finance has been relatively unregulated over the past generation, in contrast to the 50 or so years following the Great Depression, when the first […]

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Submitted by Econbrowser
As Europe teeters on the edge of recession [0], and the United States remains mired in slow growth, expectations of what interest rates, and hence exchange rates, are shifting. Here’s a familiar depiction of where policy rates in the US and the euro area have been, and where they are predicted to go.

Figure […]

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Submitted by A Dash of Insight
While market averages were little changed over the last week, there was a dramatic change in sector strength.  As so often happens, our weekly TCA-ETF sector ratings provide some insight into emerging trends in the overall market as well as sector shifts.  (For new readers, there is a further explanation […]

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Submitted by CARPE DIEM

Current Intrade.com odds that second quarter real GDP will be positive: 93.5%, up from 25% in mid-April (see chart above, click to enlarge).
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Submitted by CARPE DIEM
The chart above shows oil prices, net oil exports (data here) and world GDP, quarterly from 2002:Q1 to 2008:QII. The data for OECD world GDP and oil prices are from Global Financial Data (subscription required). Oil prices are on the right scale in $/bbl., and world GDP and net oil exports […]

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Submitted by CARPE DIEM

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